Business Climate Survey

Maryland's Competitiveness

Firms were asked to compare Maryland’s Taxes, Regulations, Infrastructure and Labor Markets with neighboring states. The second quarter 2019 results were as follows:

  • 34% of responding Maryland businesses ranked the State’s taxes as competitive with other states, while 40% ranked them as uncompetitive;

  • 33% ranked the State’s regulations as competitive with other states, while 32% ranked them as uncompetitive;

  • 49% ranked the State’s infrastructure as competitive, while 17% ranked it as uncompetitive; and

  • 49% ranked the State’s labor markets competitive, while 16 percent ranked them uncompetitive.

Figure 10: Maryland’s Competitiveness with Neighboring States in Key Business Climate Factors


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